8/19/2022

speaker
Conference Operator
Operator

Hello, ladies and gentlemen. Thank you for standing by for Li Zhu Ying's second quarter 2022 earnings conference call. At this time, all participants are in the listen-only mode. After management's remarks, there will be a question and answer session. Today's conference call is being recorded. I'll now turn the call over to your host, Effie Kang, head of capital markets for the company. Please go ahead.

speaker
Effie Kang
Head of Capital Markets

Thank you very much. Hello, everyone, and welcome to Li Zhi Inc's second quarter 2022 earnings conference call. We released our financial and operating results via Newswire services earlier today, and they are available online. Participants on today's call will include our founder and CEO, Mr. Marco Lai, our COO, Mr. Zhe Longli, and our acting CFO, Ms. Chen Fanglu. Mr. Li will begin with prepared remarks on business development. I will then deliver prepared remarks of financial results on behalf of Ms. Liu. And the call will conclude with a Q&A session. As a reminder, this conference is being recorded. In addition, earnings highlights presentation and a webcast replay of this conference call will be available on the IR section of our website at ir.lit.fm. Before we continue, please note that today's discussions will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements typically contain words such as may, will, expect, target, estimate, intend, believe, potential, continue, or other similar expressions. Forward-looking statements involve inherent risks and uncertainties. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, many of which factors are beyond our control. The company is affiliated, advisors, representatives, and underwriters Do not undertake any obligation to update this following key information except as required under the applicable law. Please also note that Li Zhi's earnings press release and this conference call include discussions of unaudited gap financial measures as well as unaudited non-gap financial measures. Please refer to Li Zhi's earnings press release for reconciliation of unaudited non-gap measures to unaudited gap measures. I will now turn the call over to our COO, Mr. Zerlong Li. Please go ahead.

speaker
Marco Lai
Founder and CEO

大家好,感谢大家参加励志集团2022年第二季度业绩电话会议。 Hello everyone, and thank you for joining our second quarter 2022 earnings conference call. 在2022年的第二季度,我们继续致力于围绕互动娱乐, and the growth of voice-to-social dual-bonding. Effective implementation of the globalization of diversified products. In the second quarter, the average number of active users for the overall mobile section is 49.7 million. The total number of paid users per month has reached 48.5 million. The quarterly revenue is 5.161 billion yuan. By improving organizational efficiency, we have strengthened the development of self-development technology and integrated effective operation strategies, so that profit and loss can be further improved. Among them, the net profit increased by 600 points in the same ratio, and the net profit increased by 200 points in the same ratio, reaching 34% and creating a new record. At the same time, In the second quarter of 2022, we remain focused on dual-pillar approach of interactive entertainment

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